Beat the Inflation by investing wisely.

15/07/2023

Change Needed

A child dies from hunger every 10 seconds
Poor nutrition and hunger is responsible for the death of 3.1 million children a year. That's nearly half of all deaths in children under the age of 5. The children die because their bodies lack basic nutrients.

Around 9 million people die every year of hunger and hunger-related diseases. This is more than from AIDS, malaria and tuberculosis combined.

Source:
https://www.theworldcounts.com/challenges/people-and-poverty/hunger-and-obesity/how-many-people-die-from-hunger-each-year

Far too many! Luckily the number is falling.

12/07/2023

5 GLOBAL ISSUES TO WATCH IN 2023
As the midpoint on the journey to 2030, 2023 will hold a series of crucial reviews to assess where we stand against ambitious global agreements on sustainable development, climate change, gender equity, financing, natural disasters, and universal health coverage, to name only a few.

Source:

Our experts takes stock of a tumultuous year that put global solidarity and cooperation to the test, and zero in on five key issues to watch in 2023.

10/07/2023

EMERGING COUNTRIES OF 2023

An emerging country is one whose economy is not yet fully developed yet either was in the recent past or very likely will be in the near future. Emerging countries are also known as emerging economies because the emphasis is on their economic development.

Some of the most rapidly emerging countries include Brazil, Turkey, Russia, India, and China. Other emerging countries include the oil-rich countries of Bahrain, Saudi Arabia, Iran, Kuwait, the United Arab Emirates, Qatar, Oman, and Iraq.

source:

An emerging country is one whose economy is not yet fully developed yet either was in the recent past or very likely will be in the near future. Emerging countries are also known as emerging economies because the emphasis is on their economic development. There are some emerging countries that you h...

05/07/2023

Few general factors that may impact the global economy in 2023:

1. Economic Recovery: Many countries are expected to witness a gradual recovery from the COVID-19 pandemic. Vaccination programs should continue to play a significant role in reopening economies and reducing restrictions.

2. Growth Opportunities: Emerging markets, such as India, China, and Brazil, are likely to continue experiencing robust economic growth. These countries have large populations, rising middle classes, and increasing consumer spending.

3. Inflation Concerns: Central banks around the world may closely monitor inflation rates, which could rise as economies recover. If inflation becomes a concern, central banks may tighten monetary policies, affecting interest rates and potentially slowing down economic growth.

4. Global Trade: Global trade is expected to rebound as economic activity recovers and travel restrictions ease. However, geopolitical tensions, such as trade disputes or political conflicts, could impact international trade flows.

5. Green Initiatives: The focus on sustainable development and green initiatives is likely to grow in 2023. Governments and businesses may continue to invest in renewable energy, electric vehicles, and other environmentally friendly technologies, creating economic opportunities and job growth.

6. Technology and Digital Transformation: The accelerated digitization observed during the pandemic is expected to continue, transforming various industries. Technologies such as artificial intelligence, automation, and digital platforms are likely to reshape business models and supply chains globally.

7. Labor Market Challenges: Workforce disruptions caused by the pandemic may continue to have lasting impacts in 2023. Issues such as high unemployment rates, skills gaps, and changes in work arrangements may create challenges for individuals and businesses.

8. Government Policies: Fiscal and monetary policies implemented by governments will play a crucial role in supporting economic recovery and addressing long-term challenges. The effectiveness and coordination of government measures can influence economic stability and growth.

Please note that these are general observations and the actual economic situation in 2023 may differ based on various complex factors and events that unfold in the coming years.

01/07/2023

De-dollarization
Some facts to know

Here are a few key developments related to de-dollarization:

1. Russia and China: Both countries have been actively promoting de-dollarization in their respective regions. Russia has been reducing its US dollar reserves and increasing holdings of other currencies, such as the euro and yuan. China has been advocating for the use of its own currency, the yuan, in international trade and investment, aiming to reduce reliance on the US dollar.

2. Eurozone: The European Union has been making efforts to strengthen the role of the euro as an international reserve currency. The European Central Bank has been promoting the euro in energy markets and setting up currency swap lines with other central banks to facilitate euro-based transactions.

3. Digital Currencies: The rise of digital currencies, such as Bitcoin and other cryptocurrencies, has also raised discussions about de-dollarization. Some countries and entities are exploring the potential of creating digital currencies as an alternative to traditional fiat currencies.

16/06/2023

What's happening now?
De-dollarization
De-dollarization is the process of countries reducing their reliance on the U.S. dollar as a currency for international transactions and reserves.

17/05/2023

History of world economy
The world economy has been shaped by numerous factors and events throughout history. Many of these events have had a significant impact on the economic development and growth of nations across the globe. In this essay, we will explore the major historical events that have shaped the world economy from middle ages to the present day.

Middle Ages and the Renaissance
During the Middle Ages, economic activity was based on feudalism; agriculture and the exchange of necessities through bartering were dominant forms of economic activity. The beginning of the Renaissance brought about significant advancements in architecture, art, and science. The advent of printing encouraged intellectual and economic development with increased access to written materials.

The Age of Exploration and Colonization
From the 16th to the 18th century, the world experienced a significant shift in economy due to the age of exploration and colonization. Europeans explored the Americas, Africa, and Asia. They established colonial rule over much of these areas and engaged in economic imperialism whereby they extracted resources to bring back to Europe. The transatlantic slave trade brought millions of Africans to North America and other colonies in the Americas to work as slaves, which perpetuated global inequality and exploitation.

Industrial Revolution
The Industrial Revolution marked a significant turning point in history wherein machines replaced manual labor in manufacturing, leading to a significant increase in productivity, efficiency, and output. The Industrial Revolution began in Britain in the late 18th century and rapidly spread across Europe and the United States.

It brought about advancements in transportation through the steam engine which allowed for faster transportation of goods and led to the growth of cities as factories were clustered together. The textile industry was among the first to be transformed by the innovation, written out as an improvement in weaving technology and spinning devices with the use of electricity.

Globalization
The 20th century was one of increasing globalization, driven in large part by improvements in technology and communication. New financial systems such as the International Monetary Fund (IMF) and World Bank brought about greater cooperation between nations, making international trade and investment easier than ever before. This era also saw the rise of multinational corporations, which became major players in the global economy.

A more recent development is the advent of the digital economy, which has revolutionized how goods and services are produced, exchanged, and consumed. E-commerce platforms have transformed the retail industry and become a staple of modern-day shopping. Technology has also increased remote work opportunities, leading to more flexible working arrangements that cater to the lifestyle needs of employees.

Conclusion
In conclusion, the world economy has evolved tremendously over time from agricultural bartering to digital commerce. Each major event in history has played its part in shaping the global economy, contributing to the present state of economic development. The journey towards a global economy has been a long and complex process, and it continues to evolve in response to new technological advancements, social changes, and environmental challenges.

13/05/2023

Language might differ,
age might differ,
even place might differ,
but
LOVE REMAINS THE SAME...
Happy Mothers Day to all with motherly heart.
Enjoy this special day of motherhood.🥰

11/05/2023

An eye-catching infographic titled “How to Survive a Heatwave,” teaches clinicians and the public about the health impacts of extreme heat and how to stay cool in hot weather. Created by psychiatrist Robin Cooper, M.D., the resource aims to reduce the health impacts of extreme heat by preparing people to manage and survive heat events before they occur.

11/05/2023

Artificial Intelligence(AI) has made significant advancements in recent years, with the potential to revolutionize various industries. AI has enabled us to automate tasks, analyze and interpret large data sets, and make predictions with greater accuracy than ever before.
The continued development of the technology will undoubtedly lead to a better quality of life for all.
However,as AI continues to advance, it is important for researchers, policymakers, and the public to stay informed about its developments and work together to ensure that its benefits are maximized while its risks are mitigated.

03/05/2023

Bank Negara Malaysia has increased the overnight policy rate (OPR) by 25 basis points to 3%, taking it back to pre-pandemic levels seen in the second half of 2019. The move came as a surprise to many economists, who had expected the central bank to maintain the OPR to assess the impact of four consecutive increases in the key rate in 2020. BNM justified the increase, stating that the global economy continues to be driven by resilient domestic demand and to ensure the stance of monetary policy is appropriate to avoid future financial imbalances.

https://www.theedgemarkets.com/node/665478

03/05/2023

*Market update*
https://www.thevibes.com/articles/business/91630/economists-divided-on-global-economic-recovery-expect-rebound-in-asia-wef

Summary:
The World Economic Forum's latest Chief Economists Outlook Report shows that experts are divided on the global economic recovery. While 45% expect a global recession this year, an equal share believes it is unlikely.

Chief economists predict that growth and inflation dynamics will differ widely across regions, with proactive industrial policy becoming more widespread over the next three years. The report also highlights the likelihood of further bank failures and disruptions, and more difficulty in securing bank loans due to tightening lending criteria.

However, the report notes that Asia is expected to experience the most buoyant activity, with China driving a significant rebound for the country and spurring economic activity across the continent.

Experts expect growth, inflation dynamics to vary widely across regions